5% (5.1% APR)

Secured Loan

Make your savings work for you. A Secured Loan allows you to borrow up to the value of your savings.

  • Most people find it easier to repay a loan than replace savings
  • Fast approval for share covered loans
  • Enjoy even lower rates than our product-specific loan offers
  • Continue to earn any future dividends on your savings account
  • Can be used for just about any purpose
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Representative Example

A representative example is a term used in financial regulations. The example will help to show you the typical costs associated with a loan for a certain amount.

Loan Amount

€10,000

Loan Term

3 years

Weekly Repayment

€69

Rate of Interest - APR

5.1%

Total Interest

€771

Total Cost of Credit

€10,771

Loan Calculator

Maximum Loan Amount :
Maximum Loan Term :


Term

Repayment Frequency
APR
5.1%
# Repayments
Total
APR
5.1%
# Repayments
Total
APR
5.1%
# Repayments
Total
APR
5.1%
# Repayments
Total

*Figures correct as of 01/07/2024 and are calculated on our loan calculator. Loans are only available for members. If you have any questions about our loans, please contact loans@elevatecu.ie Loans are subject to approval. Terms and conditions apply. If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future. Elevate Credit Union Limited is regulated by the Central Bank of Ireland. This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors.

Benefits of a Elevate CU Loan

Easy Application

You can apply for a loan easily online, by phone, or in-branch

Flexible Repayments

We offer flexible repayment terms to fit your specific needs

No Penalties

There are no penalties for early loan repayment

Competitive Rates

Our interest rates are highly competitive

Local Decisions

We have no hidden fees or charges, and we make fast and local decisions

Peace of Mind

Enjoy peace of mind with loan protection insurance

Loan Application Process

Become a Member

Once you are living or working within our common bond you are eligible to join us today and start borrowing

Calculate your Loan

Estimate how much you could borrow and calculate your repayments: weekly, fortnightly or monthly using our online calculator

Apply for Loan

Apply for your loan from the comfort of your home or in one of our three offices. Applying for a loan is easy and quick. Apply now!

Sit Back and Relax!

The decisions are made quickly on loan applications, usually within 24 hours

How to Apply

Online

The fastest way to apply is on our Mobile App or via your Online Account

Call Us

Call us during office hours on 021 489 4555

Email Us

Send an email with your loan details to us at info@elevatecu.ie

Visit Us

Pop into any of our offices in Cork with all your required documentation

Supporting Documentation

Outgoings

  • Bank Statements - 3/6 months
  • Credit Card Statement - (if applicable)
  • Mortgage Statement - (if applicable)

Proof of Income

  • PAYE Employee - 3 recent pay slips
  • Self-employed - Notice of self-assessment, 3 years certified accounts & accountants report
  • Social Welfare - 2 recent payment receipts
  • Retired - Proof of all pensions

Photo Id

  • Photo ID - valid passport or driver's licence.
  • Proof of Address - utility bill, bank statement or Government document dated within the last six months
  • Your P.P.S. number on an official document